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Political news--October & November of 08

Pharma moves to China (and India)

Outsourcing is one of the 4 cornerstones of the 08 Crash.  2) the others being the loose money policy of the Federal Reserve Bank which created the housing bubble by its loan policy to member banks.  3) the deregulation of the financial industry. 4) the overall debt load including those of credit cards, federal monetary instruments, tax cuts, military spending, and in general a big second dose of Reagonomics. 


Pharma's new favorite outsourcing spot: China

10/3/08 Tracy Staton, FiercePharma



Quality-control fears notwithstanding, China has knocked India off the catbird seat as pharma's favorite spot for outsourcing. According to a new report from PriceWaterhouse Coopers, China beats every other Asian country as an investment and contracting destination, followed by India, Korea and Taiwan. The countries all were evaluated by cost, risk, and market opportunities.

And it's not just low-cost production that's luring pharma to Asia, either. The report found that the region is growing in stature as a source for innovation and discovery.[i]   Plus, local markets are burgeoning, giving pharma the potential for lots of new emerging-market sales.

The various countries have different strengths, with China and India the primary drivers of pharma growth in the region. Singapore, on the other hand, is considered more of an R&D specialist, while Korea and Taiwan are emerging as competitors for pharma investment and business. What's contributing the the region's magnetism? Greater attention to intellectual property protections, for one. Cheaper clinical trials, of course. And an explosion of growth in certified contract manufacturers. In India, for example, there are more than 100 FDA-approved pharma plants, the largest number in any country outside the U.S.



[i]   Sinovac for example is developing a new bird flu therapy.  R&D in china is growing at about 20% per year since 1999.  Hundreds of companies have opened research centres in Beijing and Shanghai.  China has now overtaken Japan’s research and development spending, and is projected to over take the U.S. in 2015.   Info from BBC News article 7/27/07, China’s drive to promote invention by James Reynolds.  . 

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This is one of the most entertaining (musical cartoons) websites mostly on current events—middle of the road.   A fun one that sings out musically the consequences of outsourcing http://www.jibjab.com/originals/big_box_mart



http://www.freedocumentaries.org Excellent collection of films for free; over 80 including Sicko by Michael Moore.